Other Topics

• Ian Rogers

Banks may be encouraged to pilot 'tracker mortgages' if the government takes up a proposal from the House of Representatives Economics Committee. read more

• John Kavanagh

Climate advocacy groups and investors have stepped up their use of litigation to try and speed up the move to net zero and, while energy and resource companies and government bodies are the main targe.. read more

• Banking Day staff

Westpac has moved its audit business from PwC, its auditor of 50 years, to KPMG.  read more

• Ian Rogers

David Marshall, chief executive of Defence Bank, has left to lead Ultradata as its CEO. read more

• John Kavanagh

A bill to establish a national shared equity scheme for low and middle income earners looking to buy a home was passed in the House of Representatives this week, but it may face a tougher passage in t.. read more

• John Kavanagh

EML Payments has extended the contract of interim chief executive Kevin Murphy until the end of June as it works through the restructuring of the group. read more

• Ian Rogers

Susan Woods, an RBA insider, is being promoted to the newly established role of Chief Operating Officer at the Reserve Bank of Australia. read more

• John Kavanagh

Butn non-executive director Mike Hirst has resigned from the board, citing other commitments. He was the last remaining non-executive director on the SME finance company’s board. read more

• John Kavanagh

The government has appointed Jo-Anne Bloch to chair the board of the Compensation Scheme of Last Resort, which will start accepting claims for compensation from April 2. read more

• Ian Rogers

Comment: Each takeover of a smaller rival proposed by a big Australian bank has won clearance from competition authorities over the last 35 years. Every single one. read more

• Ian Rogers

Comment: In the disgraceful Australian catalogue of bank takeovers, one overlooked old ANZ favourite bears a review. read more

• George Lekakis

Credit impairments and asset quality are on the slide at Judo Bank, inevitably. And now Judo has anointed Chris Bayliss as its new CEO, as Joseph Healy exits stage left. read more

• John Kavanagh

Consumer finance company Wisr’s move to moderate loan origination to focus on profitability and balance sheet strength had mixed results in the December 2023 half. read more

• Ian Rogers

Cuscal’s deputy CEO Bianca Bates will leave the company in a few months to become chief customer officer at an ASX-listed entity. read more

• Banking Day staff

After delisting from the Australian Securities Exchange in December, buy now pay later company Splitit has established a share trading facility with PrimaryMarkets, a platform for trading private secu.. read more

• John Kavanagh

The stock of affordable dwellings fell significantly across Australia last year, a new report shows. read more

• John Kavanagh

The average home loan size across Australia was $624,383 in December – a big jump from $608,448 in November and the highest average loan size ever recorded in the ABS data set, the Bureau’s latest len.. read more

• Banking Day staff

Bank of Queensland is selling its NZ$238 million New Zealand commercial loan and lease portfolio to UDC Finance Ltd, in a deal that will result in a loss of A$17 million to $20 million. read more

• John Kavanagh

Bank fees paid by households increased in the year to June 2023, thanks to higher charges on credit cards used for international travel, but overall fees charged by banks fell over the year. read more

• Banking Day staff

The outgoing chief executive of Credit Suisse Australia, Richard Gibb, will join the ANZ board as a non-executive director. read more